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Fly News Breaks for November 8, 2016
CNP
Nov 8, 2016 | 07:47 EDT
As previously reported, Credit Suisse downgraded CenterPoint Energy (CNP) to Underperform form Neutral and raised its price target to $25 from $24. Despite the Q3 beat, Analyst John Edwards downgraded shares due to valuation, further delays on the strategic review regarding the ownership stake in Enable Midstream Partners (ENBL), and likely mean revision given relative outperformance.
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